SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)
JANUARY 7, 1997
COCA-COLA BOTTLING CO. CONSOLIDATED
(Exact name of registrant as specified in its charter)
Delaware 0-9286 56-0950585
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
1900 Rexford Road, Charlotte, North Carolina 28211
(Address of principal executive offices Zip Code)
(704) 551-4400
Registrant's telephone number, including area code
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Item 5. Other Events
On January 7, 1997, the Company issued the following press release:
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(Coca-Cola Logo)
COCA-COLA BOTTLING CO. CONSOLIDATED NEWS RELEASE
MEDIA CONTACT: INVESTOR CONTACT:
Lauren C. Steele David V. Singer
Vice President, Corporate Affairs Vice President, Chief Financial Officer
704-551-4551 704-551-4604
FOR IMMEDIATE RELEASE SYMBOL: COKE
Tuesday, January 7, 1997 QUOTED: The Nasdaq Stock Market
(National Market)
COCA-COLA BOTTLING CO. CONSOLIDATED
ANNOUNCES COMMON STOCK PURCHASE
Charlotte, NC, January 7, 1997 -- Coca-Cola Bottling Co. Consolidated announced
today that it has purchased 145,260 shares of its Common Stock in a private
transaction with a single shareholder at a price of $47.50 per share.
The Company intends to negotiate with The Coca-Cola Company for the purchase of
approximately 275,000 additional shares of Common Stock. This negotiation is
pursuant to a contractual arrangement whereby the Company has the right under
certain circumstances to purchase sufficient shares so as to maintain an
ownership position of 29.67% by The Coca-Cola Company. The Company has no
immediate plans to purchase additional shares.
Prior to the purchase of the 145,260 shares, the Company had 7,465,869 shares of
Common Stock and 1,319,862 shares of Class B Common Stock outstanding. Following
the purchase but without giving effect to any purchase of shares from The
Coca-Cola Company, the Company will have 7,320,609 shares of Common Stock and
1,319,862 shares of Class B Common Stock outstanding.
Coca-Cola Bottling Co. Consolidated, headquartered in Charlotte, NC, is the
second-largest Coca-Cola bottler in the United States with annual revenues of
more than $760 million. The Company operates in 12 southeastern states and has
approximately 5,000 employees.
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(Recycled Paper logo)
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Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized:
COCA-COLA BOTTLING CO. CONSOLIDATED
(REGISTRANT)
Date: January 10, 1997 BY: /s/ David V. Singer
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David V. Singer
Principal Financial Officer of the Registrant
and
Vice President, Chief Financial Officer
